Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 427’s trading results showed consideration of $2,941,143 from 201,830 shares traded in 14 transactions as compared to session 426 which showed consideration of $205,000 from 16,000 shares traded in 6 transactions.  The stocks active this week were DIH, DBL and DDL.

 

 

 

 

Banks DIH Limited’s (DIH) eight trades totalling 120,830 shares represented 59.87% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $12.0, which showed a decrease of $0.5 from its previous close of $12.5. DIH’s trades contributed 49.32% ($1,450,543) of the total consideration. DIH’s first trade of 1,000 shares was at $12.1, its second trade of 49,876 shares was at $12.0, its third, fourth and fifth trades totalling 4,830 shares were at $12.1, while its sixth to eighth trades totalling 65,124 shares were at $12.0.

Demerara Bank Limited’s (DBL) three trades totalling 49,000 shares represented 24.28% of the total shares traded.  DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $23.4, which showed a decrease of $0.6 from its previous close of $24.0. DBL’s trades contributed 39.03% ($1,148,000) of the total consideration. DBL’s first trade of 40,000 shares was at $23.3, while its second and third trades totalling 9,000 shares were at $24.0.

Demerara Distillers Limited’s (DDL) three trades totalling 32,000 shares represented 15.85% of the total shares traded.  DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $10.7, which showed a decrease of $0.3 from its previous close of $11.0. DDL’s trades contributed 11.65% ($342,600) of the total consideration. DDL’s first two trades totalling 2,000 shares were at $10.8, while its third trade of 30,000 shares was at $10.7.

NOTES:
Best bid: The highest price that a buyer is willing to pay for a security.
Best offer: The lowest price at which a seller is offering to sell securities.

TERM OF THE WEEK

Annual General Meeting (AGM): Meeting of shareholders that a company must call every year. Main purposes are to receive the accounts, vote on dividends and appoint directors and auditors.

GASCI Summary of Financials Session 427 September 26, 2011

 Notes
1 – Interim Results
2 – Prospective Dividends
3 – Shows year-end EPS but Interim Dividend
EPS: earnings per share for 12 months period to the date the latest financials have been prepared. These include:
2005 – Final results for GTI.
2008 – Final results for PHI.
2010 – Final results for CCI.
2011 – Interim results for TCL, DIH, CBI, DBL, DDL, DTC, BTI, GSI, JPS, RBL and            SPL.
As such, some of these EPS calculations are based on un-audited figures.
P/E Ratio: Price/Earnings Ratio = Last Trade Price/EPS
Dividend yield = Dividends paid in the last 12 months/last trade price.

The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis. GASCI does not guarantee the accuracy or completeness of any information contained on this page. Although the information has been obtained by GASCI from sources believed to be reliable, it is provided on an “as is” basis without warranties of any kind. GASCI assumes no responsibility for the consequences of any errors or omissions. GASCI does not make or has not made any recommendation regarding any of the securities issued by any of the companies identified here nor the advisability of investing in securities generally for any particular individual.

(Prepared by the Guyana Marketing Corporation and
published by Stabroek Business as a public service)

*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.